Core sector growth slows down

Core sector growth slows down

Reflecting subdued economic sentiments, the growth slipped to decade's low of 5 per cent in 2012-13, though improvement in fiscal deficit figures provided some relief to the government, which is battling slowdown.

Meanwhile, the data on eight key infrastructure industries revealed that their growth slowed to 2.3 per cent in April, as against 5.7 per cent in the year-ago period, mainly due to contraction in crude oil, natural gas and fertiliser output.